May 4, 2012

EXFO Inc. (NASDAQ: EXFO) (TSX: EXF) announced the launch of
new EXFO Connect functionalities that streamline network deployment workflow
and procedures. EXFO Connect is a suite of cloud-based software applications
designed to interoperate with EXFO’s large established base of smart test
platforms, transforming independent instruments into productive solutions.

The added file sharing and distribution capabilities will benefit two
groups of EXFO Connect users: first, team managers can now store content such
as test configurations, trainings or internal procedures, and then distribute
it to their remote teams via 3G or Wi-Fi; second, field technicians will
benefit from content that will both reduce possible mistakes and significantly
enhance their day-to-day efficiency.

These new EXFO Connect functionalities create a well-balanced synergy
with the recently launched EXFO Apps portal, which is home to various
productivity-boosting software applications or contents that can also be pushed
automatically from EXFO Connect—notably the brand-new “How-To” video capsules,
short trainings that are accessible for viewing directly on the FTB Platforms.

“The release of these new EXFO Connect functionalities is in keeping
with EXFO’s commitment to constantly improve field-testing methods and
procedures,” said Étienne Gagnon, EXFO’s Vice-President—Wireline Division and
Corporate Marketing. “As part of the FTB Ecosystem, EXFO Connect creates
synergies with our FTB platforms and software applications, helping operators
address the ever-critical challenge of controlling their operating expenses.”

Listed on the NASDAQ and TSX stock exchanges, EXFO is among the leading
providers of next-generation test and service assurance solutions for wireline
and wireless network operators and equipment manufacturers in the global
telecommunications industry. The company offers innovative solutions for the
development, installation, management and maintenance of converged, IP fixed
and mobile networks—from the core to the edge. Key technologies supported
include VDSL2, ADSL2+, 3G, 4G/LTE, IMS, Ethernet, OTN, FTTx, and various
optical technologies (accounting for an estimated 35% of the portable
fiber-optic test market). EXFO has a staff of approximately 1800 people in 25
countries, supporting more than 2000 telecom customers worldwide. For more
information, visit www.EXFO.com.